GM Pension Fund: Is It Under Funded
General Motors is using its huge pension fund in a way it never intended. It had planned -- and put money aside -- for a steady march of retirees o...
General Motors is using its huge pension fund in a way it never intended. It had planned -- and put money aside -- for a steady march of retirees o...
Jon Chattman | Posted 07.31.2009 | Politics
With the lack of jobs for new graduates, as well as older borrowers, there is a looming student loan bubble about to burst.
washingtonpost.com | Peter Whoriskey | Posted 07.31.2009 | Business
If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the gove...
Washington Post | Peter Whoriskey | Posted 07.30.2009 | Business
If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the gove...
bloomberg.com | Alan Ohnsman and Kae Inoue | Posted 07.30.2009 | Business
June 30 (Bloomberg) -- Toyota Motor Corp. may offer to supply a version of its Prius hybrid car to General Motors Corp. during a meeting between the c...
Woody Brock | Posted 07.28.2009 | New York
the solution to today's economic crisis lies in the realization that what is really at stake is the root political question of how democracy can save itself from itself.
Susan J. Demas | Posted 07.27.2009 | Politics
If the Republicans win the governorship here, the national media will trumpet that as an Important Trend. And a sign of the president's impending doom in 2012.
Annie Roboff | Posted 07.26.2009 | Business
Like the American auto industry, our airlines were the first and the best. But now it's other countries and the Richard Bransons of the world that are leading the way in delivering a great product.
AP | Posted 07.25.2009 | Business
DETROIT (AP) -- About 4,000 more salaried workers at General Motors Corp. will lose their jobs by the end of the year as the automaker continues to do...
Greg Grandin | Posted 07.24.2009 | Business
In Rome, the ruins came after the empire fell. In the United States, the destruction of Detroit happened even as the country was rising to new heights as a superpower.
Erica Payne | Posted 07.24.2009 | Media
The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.
AP | DAN STRUMPF | Posted 07.23.2009 | Business
NEW YORK — There's a message for Detroit's automakers in the new J.D. Power and Associates rankings: Good work. Now go back and do it again. The ...
AP | TOM KRISHER | Posted 07.23.2009 | Business
DETROIT — Former Chrysler CEO Lee Iacocca has some advice for the people who are running his old company, and those who will lead the new Genera...
David Murdock | Posted 07.19.2009 | Business
The General Motors flameout -- the fourth largest bankruptcy in the history of the country -- has been a disaster for blue collar Americans working on assembly lines.
Roseanne Colletti | Posted 07.18.2009 | Business
Is it a good time to buy GM? They're offering government guaranteed warranties, rebates, special financing and significant discounts on new cars. But it might be better to wait
The Hill | Posted 07.17.2009 | Politics
The Obama administration's intervention in the economy mimics South American regimes of the 1980s that nationalized industries, a Republican congressm...
AP | LOUISE NORDSTROM | Posted 07.17.2009 | Business
STOCKHOLM — Saab Automobile, General Motors Corp.'s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led b...
Francesca Biller-Safran | Posted 07.16.2009 | Comedy
Do you have any hot looking daughters? My 27 year-old adult soon still lives at home and I'd do anything to marry him off, or at least have him shack up somewhere else.
Huffington Post | Matthew Palevsky | Posted 07.22.2009 | Business
UPDATE: With the help of citizen investigators who have been tracking local reports, we've managed to find 10 of the lucky 41 GM dealerships that were...
nytimes.com | STEPHEN LABATON | Posted 07.12.2009 | Business
WASHINGTON -- The Obama administration's sweeping new proposal to restrict executive pay is likely to be a humbling exercise for seven of the nation's...
bloomberg.com | Amy Thomson and Katie Merx | Posted 07.11.2009 | Business
No car experience is necessary to take a top spot at the bankrupt icon of Detroit's automobile industry. Believe it or not, the newly appointed ch...
Charlie Cray | Posted 07.10.2009 | Business
Everyone wants a viable auto industry with GM returning to its status as a world-class automaker. But the Obama team's GM plan doesn't embrace public standards on energy and the environment.
Yahoo! Finance | Tom Krisher, AP Auto Writer | Posted 07.10.2009 | Business
UPDATE: Edward Whitacre was the son of a railroad engineer, who grew up trapping frogs and shooting rabbits, according to Business Week. DETROIT (A...
John Marshall | Posted 07.09.2009 | Comedy
The Supreme Court delayed the sale of most of Chrysler's assets to Fiat by telling the carmaker, "Wait a minute. I have to go in the back and talk to my boss," an old negotiating ploy that heretofore has not been used on the sale of a whole car company.
nytimes.com | MARY WILLIAMS WALSH | Posted 07.31.2009 | Business